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Gabion Technologies

Listed SME BSE SME · Industrial Products

Price Band

₹76.0–81.0

Issue Size

₹29.16 Cr

Lot Size

1,600 shares

Min Investment

₹259,200

GMP

+₹31.0 (38.27%)

Issue Price

₹81.0

calendar_month Important Dates

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IPO Open Date
Tue, 06 Jan 2026
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IPO Close Date
Thu, 08 Jan 2026
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Allotment Date
Fri, 09 Jan 2026
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Refund Initiation
Mon, 12 Jan 2026
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Credit of Shares
Sat, 10 Jan 2026
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Listing Date
Tue, 13 Jan 2026
Listing Price
₹112.0 +38.27%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

+₹31.0

GMP %

+38.27%

Est. Listing

₹112.0

schedule Updated: 14 Jul 2026 15:53

business About the Company

Incorporated in February 2008, Gabion Technologies India Limited manufactures steel gabions and provides geosynthetics, geotechnical engineering, and ground improvement services globally. The company manufactures Double Twisted Hexagonal Steel Wire Mesh Gabions, Defence Gabions, PP Rope Gabions, Hi-tensile Rockfall Protection Nettings, Reinforced Geomat, and High Strength Flexible Geogrid to supply products and services for Government entities, contractors, private customers, consultants, and authorities in Geosynthetics, Geotechnical Engineering, and Ground Improvement Techniques. The company serves various sectors, including infrastructure, retaining walls, slopes, rockfall protection, irrigation, and mining. The company has completed 76 projects with a total contract value of Rs 12,760.59 lakhs, including 36 in roads, 12 in railways, 8 in private commercial, 9 in energy, 3 in mining, 3 in airports, 3 in defence, and 2 in water resources. Product Portfolio: Gabion boxes, revet mattresses, DT mesh netting, sack gabions, tailmesh fascia units, high-tensile rockfall protection netting, 3D geo-composite geomats, rockfall barriers, geotextiles, geobags, HDPE geomembranes, PET geogrids, PP geogrids, jute geotextiles, coir mats, 3D drain sheets, concrete geomats, and steel anchors. As of November 30, 2025, the company had 159 full-time employees. They also hire contractual workers as needed, based on site requirements. Company Strength: In-house Experienced Design & Execution Team. The company produces high-quality products for specialized contracts as a manufacturer and contractor. Wide customer base Competitive Pricing Quality products Adoption of New Products & Technologies Adequate inventory ensure timely delivery

payments Company Financials (₹ Cr)

As of 2025-11-30

Period Ended 30 Nov 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 100.58 87.52 70.12 51.77
Total Income 60.66 101.17 104.97 78.88
Profit After Tax 4.30 6.63 5.82 3.41
EBITDA 10.76 15.06 13.16 6.39
NET Worth 26.33 22.03 15.41 9.65
Reserves and Surplus 16.32 12.02 13.71 7.97
Total Borrowing 52.05 46.71 36.37 29.46

Key Ratios

EPS

₹6.65

NAV

₹22.08

ROCE

19.17%

RoNW

30.05%

P/B Value

3.67

P/E Ratio

12.18

Market Cap

₹109.96 Cr

PAT Margin

6.60%

Debt/Equity

2.12

Promoters

Madhusudan Sarda, Urvashi Sarda, Priyanandini Sarda and ARS Merchants Pvt.Ltd.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirements 22.11 2 Meeting Capex Requirements for purchasing of plant and machinery 1.06 3 General Corporate Purposes 3.00 4 Issue expenses 3.00 Total 29.16

info Issue Details

Issue Type SME Book Built
Issue Size ₹29.16 Cr
Price Band ₹76.0 – ₹81.0
Issue Price ₹81.0
Lot Size 1,600 shares
Min Investment ₹259,200
Exchange BSE SME
Sector Industrial Products
Open Date 06 Jan 2026
Close Date 08 Jan 2026
Allotment 09 Jan 2026
Listing Date 13 Jan 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance GYR Capital Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

06 Jan 2026

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Close

08 Jan 2026

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Allotment

09 Jan 2026

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Listing

13 Jan 2026

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